XRP has been following the symmetrical wedge that we have drawn in our last published idea so closely. To make the chart even more interesting, we are now seeing a hidden bullish divergence on the MACD indicator in the 4H chart.
The last time we saw a hidden bullish divergence here was at the start of the month, where soon after the formation, we saw XRP blasting off from around $1.12 to $1.29. I am expecting this price action to repeat itself again with the current hidden bullish divergence and bring XRP to retest the $1.30 to $1.33 zone. Not financial advice. DYOR.
The last time we saw a hidden bullish divergence here was at the start of the month, where soon after the formation, we saw XRP blasting off from around $1.12 to $1.29. I am expecting this price action to repeat itself again with the current hidden bullish divergence and bring XRP to retest the $1.30 to $1.33 zone. Not financial advice. DYOR.
